Salona Cotspin reports standalone net loss of Rs 0.07 crore in the March 2016 quarter

Sales rise 18.49% to Rs 29.09 crore

Net loss of Salona Cotspin reported to Rs 0.07 crore in the quarter ended March 2016 as against net profit of Rs 0.89 crore during the previous quarter ended March 2015. Sales rose 18.49% to Rs 29.09 crore in the quarter ended March 2016 as against Rs 24.55 crore during the previous quarter ended March 2015.

For the full year,net profit rose 7.58% to Rs 2.27 crore in the year ended March 2016 as against Rs 2.11 crore during the previous year ended March 2015. Sales declined 3.03% to Rs 98.72 crore in the year ended March 2016 as against Rs 101.80 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales29.0924.55 18 98.72101.80 -3 OPM %4.437.13 -8.829.46 - PBDT0.751.23 -39 6.086.97 -13 PBT-0.201.02 PL 2.732.54 7 NP-0.070.89 PL 2.272.11 8

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